Post
Topic
Board Trading Discussion
Re: Does trading belongs to everyone?
by
Cryptoababe
on 08/06/2024, 19:20:21 UTC
No, trading is not for everyone. Trading requires certain skills , knowledge and coolness. To be a successful trader you must have market concepts, ability to analyze data and mental thinking to manage your losses from market volatility. Moreover, its important to know how to make trading more accessible through various technologies. Trading is very risky for a new trader. Because he still lacks the necessary strategic sense.
So I would say before engaging in trading activity one should fit and evaluate oneself as a person and then come to trading.

There are different kinds of trading. I would say leverage trading isn't for everyone because of the high risk behind it. So, this advice should be for anyone who is planning to  start or make leverage trading an option.
Additionally, spot trading is not bad for anyone cos liquidation isn't possible with that and it's an easy way to understand the market also.